Landis+Gyr and Pacific Equity Partners Announce Joint Venture for Acquisition of Acumen Metering Business - Seite 3

About Landis+Gyr

Landis+Gyr is the leading global provider of integrated energy management solutions for the utility sector. Offering one of the broadest portfolios of products and services to address complex industry challenges, the company delivers comprehensive solutions for the foundation of a smarter grid, including smart metering, distribution network sensing and automation tools, load control, analytics and energy storage. Landis+Gyr operates in over 30 countries across five continents. With sales of approximately USD 1.7 billion, the company employs c. 6,000 people with the sole mission of helping the world manage energy better. More information is available at www.landisgyr.com.

About PEP

Pacific Equity Partners is a leading Australasian private equity firm. In addition to successfully managing five private equity LBO funds since its inception in 1998, the firm launched the PEP Secure Assets Fund in late 2017. SAF targets control-based investments across a range of infrastructure sectors including energy, water, transport, health, education and communications that possess a combination of protected cashflows and unrealised growth and performance improvement potential. The team provides strategic management experience and capital resources to maximise the performance of its investee companies through a focus on supporting management to drive operational improvement and realise additional growth opportunities. Further information on PEP and its investee companies can be found at www.pep.com.au.

Disclaimer

This publication may contain specific forward-looking statements, e.g., statements including terms like "believe", "assume", "expect", "forecast", "project", "may", "could", "might", "will" or similar expressions. Such forward-looking statements are subject to known and unknown risks, uncertainties and other factors which may result in a substantial divergence between the actual results, financial situation, development or performance of Landis+Gyr Group AG and those explicitly or implicitly presumed in these statements. Against the background of these uncertainties, readers should not rely on forward-looking statements. Landis+Gyr Group AG assumes no responsibility to update forward-looking statements or to adapt them to future events or developments.